NovaBay Pharmaceuticals, Inc. (NYSE:NBY) announced Monday its corporate name change to Stablecoin Development Corporation, signaling a full shift toward a cryptocurrency-focused strategy.From Pharms To CryptoThe biotech firm will also adopt a new ticker symbol, SDEV, which is expected to take effect on April 3, according to the press release.The company’s CEO, Michael Kazley, stated, “The name change to Stablecoin Development Corporation reflects our conviction that stablecoins represent the most compelling ...

Sky's USDS closes in on $12 billion in market cap.USDS market cap is up by 50% year-over-year.An issuer & asset to follow 👇 https://t.co/4DOUcgFmlc ...

Following $134 million investment from R01 Fund LP, Framework Ventures, Tether Investments, S.A. de C.V., and Sky Frontier Foundation, Stablecoin Development Corporation has acquired 2.06 billion SKY tokens Key Highlights: Corporate name change from NovaBay Pharmaceuticals, Inc. to Stablecoin Development Corporation; ticker symbol change from NBY to SDEV on the NYSE American, expected to be effective on Friday, April 3, 2026Approximately 2.06 billion SKY tokens held as of March 16, 2026, representing approx ...

Binance support the Dai (DAI) Token Swap and Rebranding to USDS (USDS)👉 https://t.co/UqhJp1w0PQ ...

📅🎙️ "Q4 2025 marked a continuation of @SkyEcosystem's transition toward a yield-centric stablecoin ecosystem, with USDS increasingly serving as the system's primary growth engine." https://t.co/xbuvThkFMKToken Terminal 📊 (@tokenterminal):📅📊 The @SkyEcosystem Q4 2025 Report was originally published on @binance.https://t.co/akt10AmZfP ...

Sky DAO is also voting to temporarily cut SKY buybacks from 75% to 7.5% of net profits for about 3 months.The goal is to build up the protocol's capital backstop as USDS supply passed $11B.Sky Savings Rate also dropped 25bps to 3.75%. Staking rewards stay unchanged during this period. ...

SCALING: @SkyEcosystem's USDS surpasses $11 billion in market cap.USDS market cap is up close to 40% year-over-year.A chart to follow 👇 https://t.co/GblFAkyHC7 ...

RT Alexander (@ahbeaudry)New In The Stables just dropped!Read the full newsletter:https://t.co/9N9orqdLPnThis week’s edition covers:>> Stablecoin market cap up 0.63% WoW to $293.7B, led by USDS/PYUSD gains>> Transaction volume +6.3% WoW to $312.5B; daily tx +9.5% signaling retail return>> Net inflows surge 414% WoW to $1.7B amid rebounding issuance demand>> AllUnity launches MiCA CHF stablecoin; Meta eyes payments; Qivalis euro plans; Visa/Stripe cards go globalBy @ahbeaudry & @oztxn ...

RT Sky Ecosystem Insights (@SkyEcoInsights)“Over $300B worth of stablecoins are currently not earning any yield” - Rune Christensen, the Co-Founder of @SkyEcosystem, on the @NYSE floor.USDS, as the world’s largest yield-generating stablecoin, offers an annualized ~4% via the Sky Savings Rate.In 2026, Sky Protocol could become the leading destination for institutions looking to generate yield on their dollars. ...

Core Insights - The performance of stablecoins is more influenced by transaction velocity than total market capitalization, as highlighted by Ripple Labs' RLUSD and Tether's USDT [1][3][5]. Group 1: Market Capitalization and Performance - Tether leads the stablecoin market with a market capitalization of $186 billion, having increased by 35% since the beginning of the year, and reported a profit of $10 billion in the first three quarters of 2025 [2][3]. - Circle's USDC has a market capitalization of $78.4 billion, up 78% by December 15, 2025, and a velocity of 56 [7][8]. - RLUSD, Ripple's stablecoin, has a market capitalization of $1.3 billion and a high velocity of 71, indicating efficient transaction use [1][5]. Group 2: Regulatory Developments - The signing of the GENIUS Act and Ripple's provisional approval for a national banking charter mark significant regulatory advancements for stablecoins [5][9]. - Circle's operating model aligns with the newly established federal regulations, enhancing investor confidence [7]. Group 3: Transaction Velocity - Tether's transaction velocity is reported at 166, making it a key player in global crypto trading [3]. - USD1, launched in April, achieved a velocity of 39 despite limited data, indicating strong initial performance [10][11]. - PayPal USD (PYUSD) has a velocity of 18, with its market capitalization growing from over $1 billion in June to $3.8 billion by December 15 [13]. Group 4: Unique Features and Strategies - USDe, backed by a delta-neutral strategy, has a market capitalization of $6.5 billion, but its reliance on derivatives can lead to volatility [17][18]. - USDS, rebranded from DAI, has a low velocity of 1, as it primarily serves as collateral in DeFi loans rather than circulating as cash [19][20].